OTCQX:BALMF - Post by User
Post by
Chaulkduston Feb 13, 2018 8:07pm
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Post# 27554575
Countdown and Comment
Countdown and CommentYes, the marketing has been abysmal to put it mildly. DW always mentions in his presentations that they love exploring. Well, there is a time and place for everything, and exploring should not be a priority now. After a year or so of delaying the gold RE and the poor timing on the Nickel asset – I guess they simply had nothing to market to support the stock price. Perhaps a more concentrated effort on getting something accomplished that flushed out the existing finds might have provided some market stimulus.
Seem like it would be smart to build quickly on the whatever the (soon to be announced?) gold RE will contain. Hit the market with a follow up revised RE (drill that mother) ASAP and then produce a PFS. Market the heck out of what we have and get the share price up before the next round of funding in the Fall! If things get moving in the right direction (UP!) then spend some time exploring while sucking out/expanding every ounce of resource from our existing finds.
810, if I remember, has a lot of overburden and has never been drilled before. Sounds like a blindfold dart throwing exercise, except we throw money. 810 can wait!
At Vancouver I was told 3-5 weeks for the RE, which would have put it out prior to the PDA., I will be surprised if BAR delivers given their poor track record on delivering the goods. Also, the end of the 1st Quarter has been floated around a lot as well. So I will provide a daily count down until the RE is released. Days till PDAC, Days till end of 1st QTR.